The gross non-performing loan ratio was 2.06% at the end of the December quarter, down from 2.48% the previous year.
Volumes likely to come under pressure
The company has identified India, the United States, the United Kingdom, Europe, and the United Arab Emirates as crucial markets.
Corporate earnings season and price hikes in the sector has influenced sentiments.
The said FPO will be open for bids on January 27 and will close on January 31, as per the company's offer documents filed with stock exchanges.
Cidmus tablets are available in three strengths: 50mg, 100mg, and 200mg, and should be taken twice a day.
Recommendation: Buy; Target price: Rs630
According to the Bharti Airtel Group, the amount will be invested as capital for the infrastructure by its data centre arm, Nxtra Data Centers.
The issuance of bonds will be utilized in enhancing long term resources for funding infrastructure.
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